Private Equity Group Evergreen Acquires SafeWorks

Sept. 3, 2014
Evergreen Pacific Partners, the state of Washington’s largest private equity fund, has acquired Seattle-based SafeWorks from Wynnchurch Capital.

Evergreen Pacific Partners, the state of Washington’s largest private equity fund, has acquired Seattle-based SafeWorks from Wynnchurch Capital. SafeWorks is a global leader in the manufacture and rental of suspended access products designed to enable customers to work safely and productively at height in extremely demanding environments. Scott Farrell will continue as CEO of the company.

Founded more than 60 years ago, SafeWorks offers fully integrated manufacturing and engineering solutions for customers that require aerial access for construction, repair or maintenance. Driven by customer needs, SafeWorks designs and builds hoists, service lifts, climb assist systems, platforms, rigging devices and other safety products and provides training and services.

The company has three primary brands:

  • Spider: products are sold and rented through 24 company-owned branches in the Americas for commercial real estate, infrastructure and industrial users;
  • Power Climber: products sold worldwide through a global sales force to more than 150 dealers;
  • Power Climber Wind: products sold through a global sales force to Wind Power original equipment manufacturers, service companies and wind plant owners.

“SafeWorks is a company with a solid leadership position in end markets that are experiencing global growth,” said T.J. McGill, co-founder and managing partner of Evergreen Pacific Partners.

Based in Seattle, the Spider division of SafeWorks is No. 81 on the RER 100.